The first HYPE long position is currently showing an unrealized profit of $3.42 million, with a position size of approximately $56.82 million.

BlockBeats News, April 26th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the top address in terms of HYPE holdings on Hyperliquid is currently holding a long position with a realized profit of $3.42 million, after previously experiencing a unrealized loss of $23.18 million.

This address has been accumulating a large HYPE position since the end of October last year, currently holding 1.38 million tokens, worth around $56.82 million, with an entry price of $38.675. During the January drop in HYPE's price, this address topped up the margin multiple times to avoid liquidation. Furthermore, due to the long holding period and large position size, it has paid a total of $2.107 million in single-asset funding fees.